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VCE Rents Signs Contract for New Rental Franchise in Washington State

May 07, 2005 // Franchising.com // Volvo Construction Equipment Rents, Inc., (Volvo CE Rents) has announced the signing of a franchise agreement for a new Volvo equipment rental center in Everett (Seattle), Washington.

The Phoinix Corporation, 1027 N. Broadway, Everett, Washington, has entered into a Volvo CE Rents franchise agreement to own and operate independent Volvo CE Rents centers in Everett. The new equipment rental center will open for business within the next few weeks.

All Volvo CE Rents centers are independently owned and operated franchises within the Volvo Construction Equipment rental program. The new Washington rental center will carry, in addition to Volvo construction equipment, a comprehensive line of essential equipment and tools for the construction, commercial, industrial, and homeowner markets.

Principal Volvo products for its franchised rental centers include its comprehensive line of compact excavators and wheel loaders and the company's backhoe and skid steer loaders.

The Volvo CE Rents program covers all aspects of an operating rental business model and was designed and developed by Volvo Construction Equipment Rents, Inc. Program features include use of the Volvo brand, financial assistance, a fleet purchasing program for non-Volvo products, a Volvo CE Rents proprietary software program, training, facility design and regional and local marketing.

Volvo CE Rents, which began its equipment rental franchise initiative in 2001, now has equipment rental centers open in Virginia, North Carolina, Georgia, Florida, California, Tennessee, Ohio, South Carolina, Louisiana, New York, Minnesota, Arkansas, New Jersey, Alabama, Kentucky, Illinois – and, soon, in Washington. In addition to these franchises, the company has franchise agreements signed with other North America business interests seeking independently owned and operated franchise opportunities in the equipment rental lousiness.

Volvo CE Rents recently opened a new rental center in Madrid, Spain, the first of a planned 18 locations during the next three years in Spain in conjunction with Volvo Maquinaria de Construccion Espana, the Volvo Construction Equipment dealer for Spain.

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